Skip to main content

About your Search

20130427
20130505
STATION
LANGUAGE
Search Results 0 to 0 of about 1
FOX Business
Apr 30, 2013 1:00pm EDT
, we've got a number of stocks we like in those areas, in finance aal space, allstate and bank of new york mellon. in consumer staples, recent upgrade is starbucks. we could dig into any of those if you would like to dig into them. ashley: on the bank side, the biggest concern, rob, of course the regular race -- regulation, the environment is not particularly friendly for profits. basel iii requirements on capital. doesn't that give you any concern? two names iashley. mentioned are not really what you would call the traditional money center, big lending banks. allstate, of course an insurance company, sells about 10 times earnings. pretty cheap. and of course it is the second biggest personal property casualty insurer. bank of new york mellon is a big processing bank. they don't make loans. they don't really have the potential for a big whale trade problem like we saw with one of the big money centers recently. the processing busiss is just going bank busters as trading volumes are starting to increase. you're right agree with you absolutely and shying away really from the bigger bank
Search Results 0 to 0 of about 1